Deep Tide TechFlow News, on July 11, it is reported that the digital asset technology company IDA has announced that it will collaborate with the accelerator program organization Brinc, Octopus Holdings, and the blockchain platform XDC to launch a stablecoin accelerator program.

Octopus Holdings clarified that to promote the future development of financial technology in Hong Kong, Octopus is supporting a conceptual accelerator program led by Brinc that aims to explore next-generation Web3 customer loyalty solutions. This program is purely for conceptual exploration and does not constitute a stablecoin product development project, nor does it establish a formal partnership.